Please help me solve all parts

EXERCISE 514 Break-Even and Target Profit Analysis [LO53, LO54, LO55, LO56]

Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit

and has a CM ratio of 30%. The companys fixed expenses are $180,000 per year. The company

plans to sell 16,000 units this year.

Required:

What are the variable expenses per unit?

Using the equation method:

What is the break-even point in unit sales and in dollar sales?

What amount of unit sales and dollar sales is required to earn an annual profit of

$60,000?

Assume that by using a more efficient shipper, the company is able to reduce its variable

expenses by $4 per unit. What is the companys new break-even point in unit sales and in

dollar sales?

Repeat (2) above using the formula method.